Deeargee Woolshed was built in 1872 to replace an earlier shed that had been destroyed by fire. Originally part of Gostwyck Station, Deeargee Station and its unique octagonal woolshed gained their name from the old Gostwyck wool brand, DRG, which stood for Dangar, Gostwyck.

Designed and erected by Alexander Mitchell, who also built McCrossin’s Mill in nearby Uralla, the woolshed is erected on brick pillars and its successive roofs are of galvanized iron. The side walls contain large amounts of glass. The woolshed has all facilities required for shearing, pressing, bailing, sorting and other operations. It even has a lightning conductor.

The Deeargee woolshed is still in use today and, although not open to visitors, is easily viewed from the roadside. The site is approximately 10km from Uralla.